Skip to content
Off-topic for aiqbench

Off-topic for aiqbench

This story was gathered from a source we follow but falls outside AI and quantum coverage, so there is no aiqbench take for it.

Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’

TechCrunch5 min read

After raising $1.7 billion for his new robotics company Atoms, Travis Kalanick is introspective about the role VCs have played in his career.

Travis Kalanick certainly has had a love-hate relationship with VCs over his career. As the founder of Uber he was a VC darling, raising what was then an unprecedented roughly $15 billion in venture funding during his tenure. Then, a boardroom battle with key investor Bill Gurley of venture firm Benchmark led to him being pushed out in 2017. Now, he’s back raising mega funds for his robotics company Atoms, which just nabbed $1.7 billion, led by Andreessen Horowitz, with Ben Horowitz joining the company’s board. In an episode…

Excerpt shown under the publisher's RSS terms · 89 words · full text and figures are on the publisher's site

Related coverage